C-19 Charts – Thailand
As I say with everyone, interpret as you see fit Data source: ourworldindata.org Date: 10 July 2021 (why? Because this is the latest data when # of tests is included)
Read More →Category: Special Events
Commentary on special events in Thailand and the SET Index.
Random thoughts: PM wants to play central banker
On the 15th June 2021 it was reported that… The government has asked the central bank to review interest rates for credit cards and personal loans to try to tackle high household debt, the prime minister said on Tuesday… “If our people still have a lot of debt and at a young age, it will […]
Read More →Random Thought: Thailand Covid19 Testing
You can go to ourworldindata.org which is run by the University of Oxford and does a great job of compiling global data from emissions, battery prices and covid’19 statistics (tests, cases, deaths, vaccine etc..) For Thailand the data is as follows: Left axis: # of tests (blue line) Right axis: # of cases (orange line) […]
Read More →SET Constituents Changes
*Effective 1 July SET announced SET50 and SET100 rebalance for 2H21: SET50: Ins : IRPC, KCE, STA, STGT. Outs: AWC, BAM, TOA, VGI. SET100: Ins: AAV, ICHI, NRF, PSL, PTL, SINGER, STGT, SYNEX, TKN. Outs: AWC, BPP, EPG, GFPT, MBK, TOA, TPIPP, TTW, WHAUP. sSET: 34 securities consisting of: Seven Utilities and Power pcl (7UP), […]
Read More →FTSE Changes
FTSE raised Thai weighting by 0.01% to 0.59%, effective Friday June 18. FTSE All World: Adds: OR and SCGP; Increase in weighting: CBG; Cuts: BBL-R, PTT, SCC, CPALL, AOT, SCB, KBANK/F. FTSE Small Cap: Adds: KEX. FTSE Micro: Adds: JR, NEX, NRF, RT, SA, SO. No deletions.
Read More →Random Thoughts: 1Q21 Summary
And here you go: SET earnings +130% YoY, +47% QoQ MAI +351% YoY, +49% QoQ Quick comments: I could be an idiot and value the SET and MAI on a PEG basis, but let’s leave that to the sell-side analysts. Look at Energy & utilities + petro 38% of the SET’s earnings, turned around from […]
Read More →Book: 360 Thailand
During the first lockdown in Bangkok, after the initial recovery in the markets, and several hours of sitting alone in an office building, I had an epiphany, why not make a book? I’m an average writer at best and then realised I had over a decade’s worth of interviews somewhere on the internet, old computers […]
Read More →MSCI Changes
MSCI Global Standard Indexes Additions: Carabao Group Public Company Limited (CBG) SCG Packaging Public Company Limited (SCGP) Deletion: KBANK-F shares Total Access Communication Public Company Limited (DTAC) MSCI Global Small Cap Indexes Additions: Absolute Clean Energy Public Company Limited (ACE) Precious Shipping Public Company Limited (PSL) Regional Container Lines Public Company Limited (RCL) Siam City […]
Read More →Random Thoughts: AirAsia Thailand Delisting & Relisting
God damn it! I was and remain of the viewpoint that AirAsia is going to rock and roll coming out of this period and I was looking forward to participating in an equity recap of AAV and ride the recovery trade in 2H21 and throughout 2022. But the clever folks there decided to keep the […]
Read More →Random Thoughts: What’s the largest market? Thailand vaccines, the smog, a positive?!
I’ll start with a question, what is the the largest total addressable market today? Scroll down to see that rabbit hole…. Disclaimer: I love the military, don’t put me in jail :p WuFlu and Vaccines Thailand’s going through another amusing period….right before another long holiday period, right before protests were picking up again….of covid-19 cases. […]
Read More →